Shares of Oklo and X-Energy rise after joining a U.S. initiative to accelerate advanced nuclear reactor deployment for AI data centers.
Oklo and X-Energy shares climbed 5.8% and 7.1%, respectively, in post-market trading after reports they joined a Trump administration program aimed at speeding nuclear reactor development for AI infrastructure. The initiative seeks to address rising power demands from tech giants investing in AI data centers.
The program follows growing concerns over energy shortages as AI adoption surges. Both companies specialize in advanced nuclear technologies, positioning them as key suppliers for next-generation power solutions. Earlier this year, similar partnerships were announced between nuclear firms and cloud providers.
Market reaction reflects investor optimism about nuclear energy’s role in supporting AI growth, though regulatory hurdles remain a potential challenge.